Southeastern Connecticut Television
Southeastern Connecticut Television shows strong revenue growth and zero officer compensation, improving financial health.
EIN: 203058967 · Groton, CT · NTEE: A32 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $353K |
| Total Expenses | $535K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $500,000. |
| Net Assets | $232K |
| Transparency Score | 85/100 |
Is Southeastern Connecticut Television Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Southeastern Connecticut Television directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Southeastern Connecticut Television
Southeastern Connecticut Television (EIN: 203058967) is a nonprofit organization based in Groton, CT, classified under NTEE code A32. The organization reported total revenue of $353K and total assets of $333K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Southeastern Connecticut Television's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Southeastern Connecticut Television is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $542K |
| Total Expenses | $535K |
| Surplus / Deficit | +$8K |
| Total Assets | $243K |
| Total Liabilities | $11K |
| Net Assets | $232K |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Southeastern Connecticut Television reported a surplus of $8K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Southeastern Connecticut Television's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.4% | +56.3% | +57.0% |
| 2022 | +164.0% | +38.6% | -1.0% |
| 2021 | -49.4% | -1.5% | -23.9% |
| 2020 | +86.9% | +16.3% | +109.5% |
| 2019 | +0.0% | +3.7% | -19.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Southeastern Connecticut Television with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Southeastern Connecticut Television allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $8K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.4%.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size with revenues reaching over $500,000.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Southeastern Connecticut Television's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided data prevents full efficiency analysis.
Strengths
The following positive indicators were identified for Southeastern Connecticut Television:
- Consistent 0% officer compensation, indicating high efficiency in leadership costs.
- Significant revenue growth in recent years, from $181,148 in 2021 to $542,401 in 2023.
- Positive net income in the most recent filing (2023), with revenue exceeding expenses.
- Growing asset base, increasing from $97,922 in 2019 to $242,521 in 2023.
- Low liabilities, often $0, indicating strong financial management and minimal debt.
Frequently Asked Questions about Southeastern Connecticut Television
Is Southeastern Connecticut Television a legitimate charity?
Southeastern Connecticut Television (EIN: 203058967) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $353K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Southeastern Connecticut Television spend its money?
Southeastern Connecticut Television directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Southeastern Connecticut Television tax-deductible?
Southeastern Connecticut Television is registered as a tax-exempt nonprofit (EIN: 203058967). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Southeastern Connecticut Television CEO make?
Southeastern Connecticut Television's highest-compensated officer earns $500,000. annually. The organization reported $353K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Southeastern Connecticut Television's spending goes to programs?
Southeastern Connecticut Television directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Southeastern Connecticut Television compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Southeastern Connecticut Television is above average for NTEE category A32 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Southeastern Connecticut Television located?
Southeastern Connecticut Television is headquartered in Groton, Connecticut and files with the IRS under EIN 203058967. It is classified under NTEE code A32.
How many years of IRS 990 filings does Southeastern Connecticut Television have?
Southeastern Connecticut Television has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $353K in total revenue.
Is Southeastern Connecticut Television financially stable?
Yes, the organization appears financially stable. While there have been periods of expenses exceeding revenue, the most recent filings show strong revenue growth ($542,401 in 2023) exceeding expenses ($534,757) and increasing assets ($242,521 in 2023), alongside minimal liabilities.
How does Southeastern Connecticut Television manage executive compensation?
Southeastern Connecticut Television consistently reports 0% officer compensation across all available IRS 990 filings, indicating a highly efficient approach to executive pay, likely relying on volunteer leadership or non-officer roles for compensation.
Has the organization's revenue been growing?
Yes, the organization has experienced significant revenue growth, particularly in recent years, jumping from $181,148 in 2021 to $542,401 in 2023, representing a substantial increase.
Filing History
IRS 990 filing history for Southeastern Connecticut Television showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Southeastern Connecticut Television's revenue has grown by 140.9%, moving from $225K to $542K. Total assets increased by 56.9% over the same period, from $155K to $243K. Total functional expenses rose by 332.1%, from $124K to $535K. In its most recent filing year (2023), Southeastern Connecticut Television reported a surplus of $8K, with revenue exceeding expenses. The organization holds $11K in liabilities against $243K in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $232K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $542K | $535K | $243K | $11K | — | — |
| 2022 | $478K | $342K | $154K | $12K | — | — |
| 2021 | $181K | $247K | $156K | $2K | — | View 990 |
| 2020 | $358K | $251K | $205K | $0 | — | — |
| 2019 | $191K | $215K | $98K | $0 | — | View 990 |
| 2018 | $191K | $208K | $122K | $0 | — | View 990 |
| 2017 | $194K | $190K | $139K | $0 | — | View 990 |
| 2016 | $198K | $203K | $135K | $0 | — | View 990 |
| 2015 | $183K | $197K | $141K | $0 | — | View 990 |
| 2014 | $225K | $124K | $155K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $542K, expenses of $535K, and assets of $243K (revenue +13.4% year-over-year).
- 2022: Revenue of $478K, expenses of $342K, and assets of $154K (revenue +164.0% year-over-year).
- 2021: Revenue of $181K, expenses of $247K, and assets of $156K (revenue -49.4% year-over-year).
- 2020: Revenue of $358K, expenses of $251K, and assets of $205K (revenue +86.9% year-over-year).
- 2019: Revenue of $191K, expenses of $215K, and assets of $98K (revenue +0.0% year-over-year).
- 2018: Revenue of $191K, expenses of $208K, and assets of $122K (revenue -1.4% year-over-year).
- 2017: Revenue of $194K, expenses of $190K, and assets of $139K (revenue -1.8% year-over-year).
- 2016: Revenue of $198K, expenses of $203K, and assets of $135K (revenue +8.1% year-over-year).
- 2015: Revenue of $183K, expenses of $197K, and assets of $141K (revenue -18.8% year-over-year).
- 2014: Revenue of $225K, expenses of $124K, and assets of $155K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Southeastern Connecticut Television:
Data Sources and Methodology
This transparency report for Southeastern Connecticut Television is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.